FHFA
You Can Now Request COVID-Related Mortgage Forbearance for Up to 15 Months
Some good news this morning for homeowners continuing to struggle to make ends meet thanks to COVID-19, which as the name implies has been going on for a while now. The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac, has just announced an extension to the COVID forbearance period, which was [&hellip
The post You Can Now Request COVID-Related Mortgage Forbearance for Up to 15 Months first appeared on The Truth About Mortgage.
Borrowers With Fannie Mae, Freddie Mac Mortgages Can Get Additional Forbearance, Regulator Says
The Federal Housing Finance Agency is extending the length of time that borrowers can be in a COVID-related forbearance on mortgages back by Fannie Mae and Freddie Mac.
The post Borrowers With Fannie Mae, Freddie Mac Mortgages Can Get Additional Forbearance, Regulator Says appeared first on Real Estate News & Insights | realtor.com®.
Ed DeMarco on Biden’s plans for forbearance
Ed DeMarco, Housing Policy Council president and former director of the FHFA, talks about the Biden administrationâs plans for homeowners coming out of forbearance and its focus moving forward.
The post Ed DeMarco on Biden’s plans for forbearance appeared first on HousingWire.
IMF: CFPB mortgage servicer complaints drop in Q4
Mortgage servicers received less complaints at the Consumer Financial Protection Bureau in the fourth quarter of 2020. But for the year, complaints were up. And this follows a promise from the CFPB that it would be keeping a closer watch on the sector.
The post IMF: CFPB mortgage servicer complaints drop in Q4 appeared first on HousingWire.
FHFA appoints general counsel to create “world-class regulator”
The Federal Housing Finance Agency appointed Clinton Jones as its new general counsel, saying this was the next step in turning the FHFA into a world-class regulator.
The post FHFA appoints general counsel to create “world-class regulator” appeared first on HousingWire.
MLO Jobs; Sales, Pricing, Processing, Correspondent, Products; LO Productivity Study; FHFA Disaster News
Posted To: Pipeline Press
While the Biden Administration waits for the Trump staff to tell them the Wi-Fi password in the White House, the government continues to occupy our thoughts. “The government should not vaccinate health care workers first. Because if it fails, we’re in trouble. They should try the vaccine on politicians first because if we lose a few of them, it really won’t matter at all.” That is an interesting take. I find the term stealth tax hike ” interesting, especially in the coming years, because many of us are predestined to pay more in taxes by legislation already in place. Economists look at interesting things, like U-Haul rental truck movement to determine state or regional trends. Many companies are interested in what the post-pandemic work environment will look like…(read more)
Why Mortgage Rates Should Care About Bond Market Warning
After spiking in early January, interest rates returned to near-all-time-low levels by the middle of the week. By the end, however, the market began to flash a warning about more volatility ahead. The warning is fairly simple. It has to do with a pattern that’s been repeating in the bond market (the key ingredient in determining rates). The pattern is technically referred to as a “trend channel,” which is just a fancy way of saying that rates are steadily rising or falling in a relatively regular way. In the current case, they’ve been rising since August. Rates tend to fall when the economic outlook is downbeat or uncertain. As such, it makes sense to see volatility and all-time lows during the first phase of the pandemic followed by gradual healing in the 2nd half of the year. Gradual healing
Can I get a new home loan after a forbearance or bankruptcy? – Los Angeles Times
Can I get a new home loan after a forbearance or bankruptcy? Los Angeles Times
Ex-Freddie Mac CEO Brickman to lead new agency lending platform
The yet-to-be-named platform is acquiring the assets and liabilities of Barings Multifamily Capital LLC, pending approvals from federal government-sponsored enterprises.